Very nice explanation but one thing that would be super helpful that I have not found anywhere on UA-cam is a walk through the Micro-entity Balance sheet that Companies House (UK) are looking for (I mean in particular the accounting information for someone who does not have or has not prepared a balance sheet to make reference to). I've tried matching up your explanations with their requests but find it quite confusing and difficult. Thanks
Hi Rebecca, firstly thank you so much for this no nonsense guide breaking down all the accounting jargon for us noobs!! I'm trying to file my own Micro Entity accounts and one thing I don't think was covered was something called "Provisions for liabilities" - can you explain what this means please?
Hi Nigel it's not that simple unfortunately because while a company might have a lot of assets and cash sat on their balance sheet, they might not be using the funds they have to their advantage whereas a company who has a lot of debt might have a good protected npv in future following the investment of money into assets for use in the business. Its always worth looking at the companys projected figures where possible for further analysis x
Are the amounts on a balance sheet listed in thousands, hundreds, or tens? Example, if the balance sheet reads 12,397, would that actually be 12,397,000 pounds? Or is every balance sheet different? If so, how can you tell what increments are being used?
@@RebeccasFinanceTutorials thanks again! I thought so. I’m from the US so when I was looking at a balance sheet from London I was a little thrown off. Thanks again!
I'm so sorry for saying this but i think you are whispering, this is such a nice video. But, if you make your voice louder, i think it will be nice and can raised the view's 🙂
Great video. Thank you :)
Very nice explanation but one thing that would be super helpful that I have not found anywhere on UA-cam is a walk through the Micro-entity Balance sheet that Companies House (UK) are looking for (I mean in particular the accounting information for someone who does not have or has not prepared a balance sheet to make reference to). I've tried matching up your explanations with their requests but find it quite confusing and difficult. Thanks
Hi Mark, did you ever find something to help you here? I'm in the same position. Cheers
This has helped so much with R&D work I have to do for different organisations around competitor analysis - thank you!
Thank you hun that's lovely I'm so glad it helped x
So very helpful better than any seminar attended 💫💫💫thank you kindly
Thanks Mike Murray x
You’re more than welcome 🙏 and much much deserved 🫡
Hi Rebecca, firstly thank you so much for this no nonsense guide breaking down all the accounting jargon for us noobs!!
I'm trying to file my own Micro Entity accounts and one thing I don't think was covered was something called "Provisions for liabilities" - can you explain what this means please?
Hi hun thank you for your lovely comment x I'll break it down in another video because it can get quite complicated
Great video, just started the AAT level 2 and finding your videos very helpful!
Aww thank you GrandChamp1992 :)
Super helpful, thank you! I have a question - what are the main signs on a balance sheet of a company doing well or doing badly? Thnx
Hi Nigel it's not that simple unfortunately because while a company might have a lot of assets and cash sat on their balance sheet, they might not be using the funds they have to their advantage whereas a company who has a lot of debt might have a good protected npv in future following the investment of money into assets for use in the business. Its always worth looking at the companys projected figures where possible for further analysis x
@@RebeccasFinanceTutorials Thanks Rebecca. Don't suppose you've covered NPV in any of your vids?
Good presentation thank you
You are most welcome 😊
Are the amounts on a balance sheet listed in thousands, hundreds, or tens? Example, if the balance sheet reads 12,397, would that actually be 12,397,000 pounds? Or is every balance sheet different? If so, how can you tell what increments are being used?
Hi Brian at the top of the balance sheet in each column it will state if this is £000 or simply £ for example which will give the rounding c
@@RebeccasFinanceTutorials thanks again! I thought so. I’m from the US so when I was looking at a balance sheet from London I was a little thrown off. Thanks again!
Hy please tell me what is p in the earning per share like 21p
Is Called up share capital not paid an asset?
great video!
Thanks hun x
excellent √ sent it to a client prior to a meeting and BOOM, they got it after trading for 20 years √
That's lovely Charlie I am glad it helped here x
I'm so sorry for saying this but i think you are whispering, this is such a nice video. But, if you make your voice louder, i think it will be nice and can raised the view's 🙂
Hi Dee thank you for your comment hun I will do my best to speak louder on future videos :)
Raise the volume or clean out your ears
There is an accountant, and then there is a business science strategist. But, you've got to walk first.